Apple (AAPL) PT Raised to $196 at Rosenblatt

CFRA on Apple (AAPL): 'we think these upgrades...will help drive a return to growth'

CFRA analyst Angelo Zino reiterated a Buy rating and $210.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "AAPL is fully revamping its iPad line-up with a larger 13-inch iPad Air and new M4 chips (from M2) for iPad Pros. The Pros also possess a... More

BofA Securities Positive on Apple (AAPL): 'Another qtr of buyback authorization and div increase'

BofA Securities analyst Wamsi Mohan reiterated a Buy rating and $230.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "

During the F2Q earnings call, mgmt. announced that the Board of Directors had authorized an additional $110bn for share buybacks,... More

Apple (AAPL) PT Raised to $230 at BofA Securities, 'many positive catalysts ahead'

BofA Securities analyst Wamsi Mohan raised the price target on Apple (NASDAQ: AAPL) to $230.00 (from $225.00) while maintaining a Buy rating.

The analyst comments "The thesis for our upgrade to Buy earlier this year (see our note) is playing out with: (1) strong multi-year... More

Evercore ISI on Apple (AAPL): 'Making Apple Great Again. Maintain TOP PICK'

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $220.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "AAPL reported better than expected set of numbers and crucially their commentary was much better than buyside fears. Stock should work higher from here as compares get easier, catalysts add up and AAPL executes on AI in a more capital efficient manner vs. other tech companies. March-qtr print came in at $90.8B/1.53 vs. street at $90.4B/1.51 as... More

Goldman Sachs Comments on Apple (AAPL)

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $226.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "AAPL's F2Q24 EPS of $1.53 and revenue of $90.8 bn was in-line with our expectations, but beat consensus, largely on Services gross profit and other income. We gain confidence in our Buy rating with AAPL... More

Citi on Apple (AAPL) Earnings

Citi analyst Atif Malik reiterated a Buy rating and $210.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "AAPL stock was +6% after hours on a relief rally as modest 2c Mar-Q beat and LSD Jun-Q growth or $83B+ revenue. iPhone sales were... More

Itau BBA Upgrades Apple (AAPL) to Market Perform, 'Despite the Many Risks, the Cycle Is Now Turning'

(Updated - May 3, 2024 9:29 AM EDT)

Itau BBA analyst Thiago Kapulskis upgraded Apple (NASDAQ: AAPL) from Underperform to Market Perform with a price target of $188.00.

"For almost three years, including the whole time of covering the stock at Itaú BBA, we have had a bearish view on... More

Apple (AAPL) call put ratio 1.7 calls to 1 put into share price at $182 before the bell

Apple (NASDAQ: AAPL) May weekly call option implied volatility is at 92, May is at 34; compared to its 52-week range of 16 to 31. Call put ratio 1.7 calls to 1 put into share price at $182 before the bell.

Stocks expected to have increasing option volume: AAPL AMGN BKNG MNST COIN FTNT SQ

Stocks expected to have increasing option volume: AAPL AMGN BKNG MNST COIN FTNT SQ

Apple (AAPL) PT Raised to $164 at Barclays

(Updated - May 3, 2024 5:09 AM EDT)

Barclays analyst Tim Long raised the price target on Apple (NASDAQ: AAPL) to $164.00 (from $158.00) while maintaining a Underweight rating.

The analyst comments "March-Q print and Jun-Q guide were both in-line with expectations, which are... More

Apple (AAPL) PT Raised to $225 at JPMorgan

JPMorgan analyst Samik Chatterjee raised the price target on Apple (NASDAQ: AAPL) to $225.00 (from $210.00) while maintaining a Overweight rating.... More

After-hours movers: Apple, Block, Coinbase, Booking and more

After-Hours Stock Movers:

Apple (NASDAQ: AAPL) rose 6.8% after it published EPS and revenue that topped consensus. It also boosted its divided and approved an additional share buyback of $110 billion.

Block (NYSE: SQ) rose... More

Apple (AAPL) Raises Quarterly Dividend 4.2% to $0.25; Approves $110B Buyback

Apple (NASDAQ: AAPL) declared a quarterly dividend of $0.25 per share, or $1 annualized. This is a 4.2% increase from the prior dividend of $0.24.

The dividend will be payable on May 16, 2024, to stockholders of record on May 13, 2024, with an ex-dividend date of May 10,... More

Apple (AAPL) Reports Q2, Announces $110B Share Buyback

Apple® (NASDAQ: AAPL) today announced financial results for its fiscal 2024 second quarter ended March 30, 2024. The Company posted quarterly revenue of $90.8 billion, down 4 percent year over year, and quarterly earnings per diluted share of $1.53.

Today Apple is reporting revenue of $90.8 billion for the March quarter, including an all-time revenue record in Services, said Tim Cook, Apples CEO. During the quarter, we were thrilled to launch Apple Vision Pro and to show the world the potential that spatial computing unlocks. Were also looking forward to an exciting product announcement next week and an incredible Worldwide... More

Apple (AAPL) Tops Q2 EPS by 3c

Apple (NASDAQ: AAPL) reported Q2 EPS of $1.53, $0.03 better than the analyst estimate of $1.50. Revenue for the quarter came in at $90.8 billion versus the consensus estimate of $90.32 billion.

Apple (AAPL) May weekly option implied volatility into quarter results

Apple (NASDAQ: AAPL) May weekly call option implied volatility is at 94, May is at 34; compared to its 52-week range of 16 to 31 into the expected release of quarter results today after the bell.

Tech analyst explains why he is long Apple stock into earnings

A Lynx Equity Strategies analyst is long into Apple's (NASDAQ: AAPL) earnings release after the close today, stating he believes the iPhone maker is "the next idea to be discovered."

In a recent note, the analyst addresses concerns surrounding iPhone sales, attributing recent weakness to temporary production disruptions rather than systemic issues. They project a 3% increase in... More

Apple (AAPL) call put ratio 2.3 calls to 1 put into quarter results

Apple (NASDAQ: AAPL) May weekly call option implied volatility is at 86, May is at 34; compared to its 52-week range of 16 to 31 into the expected release of quarter results today after the bell.

Apple (AAPL) CEO Cook Expected To Hint New AI Features Next Week - Washington Post

Apple (NASDAQ: AAPL) CEO Cook Expected To Hint New AI Features Next Week - Washington Post

Apple set to report earnings: here's what you need to know

Apple (NASDAQ: AAPL) is scheduled to release its second-quarter earnings after market close on Thursday, with the bulk of attention expected to be focused on iPhone sales and any new developments in artificial intelligence (AI).

Regarding its top and bottom lines, revenue for Apple's fiscal second quarter of 2024 is anticipated to be $90.36 billion, per consensus estimates. This represents a decrease from both the previous quarter and the same quarter in 2023, reflecting the typical post-holiday season slowdown in sales that Apple usually experiences after its first fiscal quarter.

Net income for the... More

European stocks mixed; Shell shines as quarterly earnings continue

Investing.com - European stock markets traded in a mixed fashion Wednesday, with traders returning after a midweek break to digest a Federal Reserve meeting as well as a deluge of corporate earnings.

At 05:00 ET (09:00 GMT), the DAX index in Germany traded 0.1% lower, the CAC 40 in France traded 0.8% lower, while the FTSE 100 in the U.K. climbed 0.3%.

Eurozone manufacturing PMI remains weak

European investors are back in force after the Labour day holiday on Wednesday, a day that saw the Fed keep interest rates unchanged for... More

Apple Asian suppliers skittish as markets brace for weak iPhone sales, AI news

Investing.com-- Shares of Apple Inc's (NASDAQ: AAPL) Asian suppliers fell on Thursday as markets braced for more signs of a decline in iPhone sales, while any more news on artificial intelligence adoption by the tech giant remained in focus. 

Taiwans TSMC (TW:2330) and Hon Hai Precision Industry (TW:2317) (Foxconn), which are two of Apples biggest Asian suppliers, sank 1.5% and 1.9%, respectively. In Hong Kong,... More

Apple Asian suppliers skittish as markets brace for weak iPhone sales, AI news

Investing.com-- Shares of Apple Inc's (NASDAQ: AAPL) Asian suppliers fell on Thursday as markets braced for more signs of a decline in iPhone sales, while any more news on artificial intelligence adoption by the tech giant remained in focus. 

Taiwans TSMC (TW:2330) and Hon Hai Precision Industry (TW:2317) (Foxconn), which are two of Apples biggest Asian suppliers, sank 1.5% and 1.9%, respectively. In Hong Kong,... More

Powell speech, Apple results, OECD growth - what's moving markets

Investing.com -- Fed chief Jerome Powell appears to have calmed nerves on Wall Street, with futures looking positive. Apple is set to report results after the close, and a drop in revenue is expected, while the OECD has lifted its forecast for global growth this year. 

1. Powell eases rate hike fears

Federal Reserve Chair Jerome Powells comments at the conclusion of the central banks latest policy meeting soothed nerves, with the central bank maintaining its easing basis.

The Fed left interest rates on... More

Apple (AAPL) May weekly 170 straddle into quarter results

Apple (NASDAQ: AAPL) May weekly 170 straddle priced for a mov of 4.5% into the expected release of quarter results today after the bell

Stocks expected to have increasing option volume: AAPL QCOM NVO DASH EBAY CVNA MGM ETSY Z

Stocks expected to have increasing option volume: AAPL QCOM NVO DASH EBAY CVNA MGM ETSY Z

S3 reveals the most shorted Magnificent 7 stocks in 2024

The group of stocks known as the Magnificent 7, comprising Google (NASDAQ: GOOGL), Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), NVIDIA (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), Meta (NASDAQ: META), and Tesla (NASDAQ: TSLA), together account for a market capitalization of $13.5 trillion, which... More

Apple (AAPL) May weekly option implied volatility into quarter results

Apple (NASDAQ: AAPL) May weekly call option implied volatility is at 64, May is at 34; compared to its 52-week range of 16 to 31 into the expected release of quarter results after the bell on May 2.

Apple set for big sales decline as investors await AI in iPhones

By Yuvraj Malik

(Reuters) -Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to report its biggest quarterly revenue decline in more than a year.

Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling more than 10% this year as fears mount about its slow roll-out of artificial intelligence services and as a resurgent Huawei takes market share in China.

Analysts on average see iPhone... More

Apple (AAPL) May weekly 170 straddle into quarter results

Apple (NASDAQ: AAPL) May weekly 170 straddle priced for a mov of 4% into the expected release of quarter results after the bell on May 2.